Currently, membership open to entities such as banks, primary dealers, insurers, MFs
"Trade-offs between stability and efficiency will be kept in mind"
On the growth front, the need for monetary support remains high
The RBI announced the formation of the working group, to be headed by R S Ratho
Bond market participants said that in bond forwards, there will be actual delivery of bonds
The panel had also suggested that the RBI's ECF be reviewed every five years
It has been the endeavour of Reserve Bank to provide as much liquidity as is required
Originally proposed in July 2024, the RBI's guidelines required banks to set aside an additional 5 per cent 'run-off factor' on digitally accessible retail deposits
State of government finances, concessions offered to tax-payers, and the commitment to progress on the fiscal glide path is eminently complemented by the monetary measures makes this policy different
RBI Monetary Policy: RBI MPC announced a repo rate cut to 6.25 per cent from 6.5 per cent amid slow economic growth and sticky inflation. Here is how investors should invest after RBI policy
RBI Policy: Given the current economic landscape, moderating inflation, and sluggish growth, another 25-50 bps rate cut within this calendar year remains a strong possibility
The governor said the RBI is introducing an exclusive domain name for banks called 'bank.in', while for non-bank entities in the financial sector the domain name will be 'fin.in'
The reserves increased by $1.1 billion in the reported week, after rising by $5.58 billion in the prior week
RBI Governor Sanjay Malhotra said registrations for 'bank.in' will commence from April 2025, and going forward 'fin.in' will be introduced
AFA is the use of more than one factor for authenticating a payment instruction and was previously mandated only for domestic transactions
RBI MPC: After keeping the benchmark repo rate unchanged at 6.5 per cent for eleven consecutive meetings, the Reserve Bank of India cut rates in its February 2025 meeting
Monetary policy committee decides to reduce policy rate by 25 basis points to 6.25%, says RBI Governor Sanjay Malhotra
RBI MPC: GDP forecast for financial year 2025-26 (FY26) has been pegged at 6.7%, inflation at 4.2%
This will be the first MPC meeting since Governor Malhotra took office in December 2024, following the end of Shaktikanta Das's tenure
The Reserve Bank of India may cut the benchmark repo rate by 25 basis points to 6.25 per cent later in the day